Health Insurance Glossary

Beneficiary

A person eligible for benefit under a health insurance policy.

Benefit

Amount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss.

Benefit Cap

Total amount that a payer will reimburse for covered health care services during a specified period, such as one year.

Broker

A licensed legal representative of the policyholder, who negotiates with an insurance company on behalf of a customer, but is paid a commission by the insurance company.



Contact Information

Medical Insurance Consultants
Park House
45 The Park
Yeovil
Somerset
BA20 1DF

T: 0800 163 870
E: [email protected]


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Accreditations

Medical Insurance Consultants Ltd is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 309026.

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